Jerry Pavlas has been appointed chief operating officer of Southwest Securities FSB, a Dallas-based residential construction and mortgage warehouse lender. Before joining Southwest Securities, Mr. Pavlas was chief executive officer of Presidential Finance Co. in Atlanta. He served as president and COO of First State Bank of Texas, part of the Pohlad Banking Group, from 1998 to 2002, and as a senior banker with Hibernia Corp. from 1990 to 1998. Southwest Securities, the subsidiary bank of SWS Group Inc., can be found online at http://www.swsgroupinc.com.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









